AUD/CAD Simple Price Action Shorting Opportunity
The AUD/CAD has taken 28 4H bars to recoup 50% of what it lost over the course of 4 Bearish 4H candles. This is a classic Impulsive-Corrective setup, we're happy to short this market, with a stop just above the 61.8% fib and an initial target around the 0.9700 handle.